"Good Deals" on Investment Properties in Harrisonburg
I met with a client earlier this week who has funds available to purchase an investment property, and we were contemplating what might make the most sense in the…
Urban Exchange: Marriage Proposal, Bridge Installation and more!
An Urban Exchange Marriage Proposal! Congratulations to Bobby and Jenna on their engagement! Bobby proposed this weekend in the apartment at Urban Exchange where the…
Short-term home ownership doesn't always work well
In days gone by (2002, 2003, 2004, 2005) you could buy a home in Harrisonburg or Rockingham County and sell it two years later for a tidy profit. Home values were…
Analyzing Investment Properties
When considering the purchase of an investment property, you ought to account for the following investment benefits: Cash Flow Before Taxes - if your rental income is…
Understanding the Over-Supply of JMU Student Housing
As I explained yesterday, there will be a rather significant over-supply of housing for JMU students in the fall, with an estimated 1,740 empty "beds" across all student…
JMU Student Housing Supply & Demand Analysis
As we approach the 2009/2010 academic year at JMU, I believe we will be facing a significant surplus in student housing for JMU students. However, do bear in mind that…
The Glen at Cross Keys - Introducing "Paired Homes"
As we pulled up in front of the home pictured above earlier this week, my dad asked "that's a single family home?" -- as it turns out, he was surprised at how large the…
26.5-Year Mortgages for First Time Buyers
First time buyers who purchase before December 1 of this year will be eligible for an $8,000 tax credit. While there are many things a first time buyer could do with that…
The Most Popular Neighborhoods in Harrisonburg
This calculation is highly unscientific, though very interesting! There were 362 residential homes sales in the City of Harrisonburg last year (2008) --- which was 173…
The Importance of Knowing Thy Area of Expertise
My main area of real estate expertise is in Harrisonburg and Rockingham County. I spend a lot of time assisting buyers and sellers in Harrisonburg and Rockingham County…
Possibly the best real estate deals in Harrisonburg?
Here's a reminder of the very cool "Search by Square Foot" function on my web site in the Power Search area. You can quickly find the houses that offer the most house for…
Urban Exchange construction update
Construction is flying along at Urban Exchange (196 condos for sale and for lease in downtown Harrisonburg). Here are a few updates on the progress: The courtyard is…